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Business Combinations (Tables)
6 Months Ended
Sep. 30, 2023
Business Acquisition [Line Items]  
Schedule of Goodwill
d)
Goodwill

 

 

 

 

 

 

 

As of
September 30,
2023

 

 

As of
March 31,
2023

 

Opening balance

 

 

 

 

 

 

996,441

 

 

 

1,725,293

 

Goodwill relating to acquisitions consummated during the year (refer note 19 (a), (b) & (c))

 

 

1,337,685

 

 

 

 

Less: Impairment recognized on goodwill during the year

 

 

 

 

 

(664,903

)

Effect of exchange rate changes

 

 

 

 

 

 

(29,967

)

 

 

(63,948

)

Closing balance

 

 

 

 

 

 

2,304,159

 

 

 

996,441

 

Global Insurance Management Limited  
Business Acquisition [Line Items]  
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

 

 

10,997,974

 

Acquired Customer Contract (Refer Note 9)

 

 

 

 

 

 

 

 

1,157,920

 

Other assets

 

 

 

 

 

 

 

 

7,157,343

 

Other liabilities

 

 

 

 

 

 

 

 

(15,947,363

)

Net assets

 

 

 

 

 

 

 

 

3,365,874

 

Purchase consideration

 

 

 

 

 

 

 

 

3,998,000

 

Goodwill (Refer Note 19(d))

 

 

 

 

 

 

 

 

632,126

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

 

 

 

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

 

 

 

 

1,157,920

 

 

3 years

National Automobile Club  
Business Acquisition [Line Items]  
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

 

 

182,713

 

Intangible assets

 

 

 

 

 

 

 

 

13,384

 

Acquired Customer Contract (Refer Note 9)

 

 

 

 

 

 

 

 

870,027

 

Other assets

 

 

 

 

 

 

 

 

1,947,606

 

Other liabilities

 

 

 

 

 

 

 

 

(1,215,247

)

Net assets

 

 

 

 

 

 

 

 

1,798,483

 

Purchase consideration

 

 

 

 

 

 

 

 

2,100,000

 

Goodwill (Refer Note 19(d))

 

 

 

 

 

 

 

 

301,517

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

 

 

 

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

 

 

 

 

870,027

 

 

3 years

FA Premium Insurance Broking Private Limited  
Business Acquisition [Line Items]  
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

 

 

72,430

 

Intangible assets

 

 

 

 

 

 

 

 

34,754

 

Acquired Customer Contract (Refer Note 9)

 

 

 

 

 

 

 

 

20,345

 

Acquired Distribution Network (Refer Note 9)

 

 

 

 

 

 

 

 

814,365

 

Other assets

 

 

 

 

 

 

 

 

670,182

 

Other liabilities

 

 

 

 

 

 

 

 

(736,298

)

Net assets

 

 

 

 

 

 

 

 

875,778

 

Purchase consideration

 

 

 

 

 

 

 

 

1,279,820

 

Goodwill (Refer Note 19(d))

 

 

 

 

 

 

 

 

404,042

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

 

 

 

 

Amount

 

 

Weighted
average life

Acquired Distribution Network

 

 

 

 

 

 

814,365

 

 

3 years

Acquired customer contracts

 

 

 

 

 

 

20,345

 

 

3 years